Jane Street Group LLC Cuts Stake in Capital Group Core Bond ETF (NYSEARCA:CGCB)

Jane Street Group LLC lessened its stake in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 75.3% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 29,023 shares of the company’s stock after selling 88,391 shares during the period. Jane Street Group LLC owned about 0.32% of Capital Group Core Bond ETF worth $782,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. Advance Capital Management Inc. increased its holdings in Capital Group Core Bond ETF by 46.1% in the 3rd quarter. Advance Capital Management Inc. now owns 18,551,789 shares of the company’s stock worth $499,971,000 after acquiring an additional 5,850,199 shares during the last quarter. Stifel Financial Corp increased its stake in shares of Capital Group Core Bond ETF by 344.1% in the third quarter. Stifel Financial Corp now owns 1,138,282 shares of the company’s stock worth $30,677,000 after purchasing an additional 881,968 shares in the last quarter. Envestnet Asset Management Inc. raised its position in shares of Capital Group Core Bond ETF by 426.5% in the second quarter. Envestnet Asset Management Inc. now owns 897,994 shares of the company’s stock valued at $23,186,000 after purchasing an additional 727,447 shares during the period. Cetera Investment Advisers purchased a new stake in shares of Capital Group Core Bond ETF during the 2nd quarter valued at approximately $6,981,000. Finally, Great Valley Advisor Group Inc. bought a new position in Capital Group Core Bond ETF in the 3rd quarter worth approximately $5,007,000.

Capital Group Core Bond ETF Price Performance

Shares of Capital Group Core Bond ETF stock opened at $25.79 on Friday. The company’s 50-day moving average price is $26.09 and its 200-day moving average price is $26.39. Capital Group Core Bond ETF has a 12-month low of $25.21 and a 12-month high of $27.24.

Capital Group Core Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 29th were given a dividend of $0.084 per share. The ex-dividend date of this dividend was Friday, November 29th.

Capital Group Core Bond ETF Company Profile

The Capital Group Core Bond ETF (CGCB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests in US and non-US bonds rated as investment grade. Holdings may also include other debt securities and derivatives. CGCB was launched on Sep 26, 2023 and is issued by Capital Group.